The most common type of company in Estonia

Estonia's most common legal form of company is the Private Limited Company (OÜ), or "Osaühing" in Estonian. Shareholders' liability is limited to the capital invested in the company. Their assets are not at risk in the event of company debts or financial difficulties.

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How many shareholders must a Private Limited Company (OÜ) have?

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Are there exceptions where an Estonian company does not have to submit an annual report?